| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Vastu Housing Finance Corporation Limited |
|
PARTICULARS |
2023 |
2022 |
|
ASSETS |
|
|
|
Financial Assets |
|
|
|
Cash and cash equivalents |
64,863.66 |
53,290.39 |
|
Bank balances other than (a) above |
12,106.30 |
17,319.40 |
|
Receivables |
|
|
|
Trade receivables |
2,093.85 |
306.59 |
|
Other receivables |
- |
- |
|
Loans |
5,18,188.71 |
3,10,099.90 |
|
Investments |
23,759.73 |
10,019.73 |
|
Other financial assets |
20,471.57 |
11,802.90 |
|
|
6,41,483.82 |
4,02,838.91 |
|
Non-financial Assets |
|
|
|
Current tax assets (net) |
920.44 |
778.44 |
|
Deferred tax assets (net) |
490.79 |
141.78 |
|
Property, plant and equipment |
747.62 |
288.92 |
|
Other intangible assets |
34.88 |
16.44 |
|
Right of use asset |
1,649.49 |
773.78 |
|
Other non-financial assets |
1,093.94 |
412.76 |
|
|
4,937.16 |
2,412.12 |
|
Assets held for sale |
2,516.52 |
973.85 |
|
Total Assets |
6,48,937.50 |
4,06,224.88 |
|
LIABILITIES AND EQUITY |
|
|
|
Financial Liabilities |
|
|
|
Trade payables |
|
|
|
total outstanding dues of micro and small enterprises |
2.16 |
9.08 |
|
total outstanding dues to creditors other than micro and small enterprises |
2,768.60 |
1,927.34 |
|
Other Payables |
|
|
|
total outstanding dues of micro and small enterprises |
- |
- |
|
total outstanding dues to creditors other than micro and small enterprises |
- |
- |
|
Debt securities |
28,700.12 |
19,857.07 |
|
Borrowings (other than debt securities) |
3,18,908.06 |
1,35,489.93 |
|
Lease liability |
1,765.89 |
846.53 |
|
Other financial liabilities |
48,998.41 |
31,471.76 |
|
|
4,01,143.24 |
1,89,601.71 |
|
Non-financial Liabilities |
|
|
|
Provisions |
126.63 |
141.95 |
|
Deferred tax liabilities (net) |
4,156.02 |
2,408.64 |
|
Other non-financial liabilities |
2,721.99 |
1,541.72 |
|
|
7,004.64 |
4,092.31 |
|
Equity |
|
|
|
Equity share capital |
63,406.23 |
63,194.06 |
|
Other equity |
1,77,383.39 |
1,49,336.80 |
|
Total equity |
2,40,789.62 |
2,12,530.86 |
|
Total Liabilities and Equity |
6,48,937.50 |
4,06,224.88 |
|
PARTICULARS |
2023 |
2022 |
|
Revenue from operations |
|
|
|
Interest income |
62,002.51 |
41,522.23 |
|
Fees and commission income |
2,477.83 |
778.29 |
|
Net gain on de-recognition of financial instruments |
8,304.81 |
6,715.96 |
|
Net gain on fair value change |
631.18 |
348.53 |
|
Other operating income |
3,436.48 |
2,641.96 |
|
Total revenue from operations |
76,852.81 |
52,006.97 |
|
Other income |
9.79 |
- |
|
Total income |
76,862.60 |
52,006.97 |
|
Expenses |
|
|
|
Finance costs |
17,224.02 |
13,733.15 |
|
Impairment on financial instruments |
1,980.69 |
2,109.16 |
|
Employee benefits expenses |
17,111.21 |
10,517.73 |
|
Depreciation and amortisation expense |
809.98 |
524.12 |
|
Other expenses |
3,721.18 |
1,887.61 |
|
Total expenses |
40,847.08 |
28,771.77 |
|
Profit before exceptional item and tax |
36,015.52 |
23,235.20 |
|
Exceptional items |
- |
- |
|
Profit before tax |
36,015.52 |
23,235.20 |
|
Tax expense |
|
|
|
Current tax |
6,039.21 |
3,494.54 |
|
Earlier year tax |
67.63 |
- |
|
Deferred tax |
1,399.46 |
1,567.83 |
|
Total tax expense |
7,506.30 |
5,062.37 |
|
Profit for the year |
28,509.22 |
18,172.83 |
|
Other comprehensive income |
|
|
|
Items that will not be reclassified to profit or loss |
|
|
|
Actuarial gain/(loss) on post-retirement benefit plans |
28.01 |
0.78 |
|
Income tax on above |
8.94 |
0.83 |
|
Total other comprehensive income |
19.07 |
1.61 |
|
Total comprehensive income for the year |
28,490.15 |
18,171.22 |
|
Earnings per equity share |
|
|
|
Face value of Rupees 100/- each |
|
|
|
Basic |
45.11 |
31.84 |
|
Diluted |
43.24 |
30.91 |
|
PARTICULARS |
2023 |
2022 |
|
Cash flow from operating activities |
|
|
|
Profit / (Loss) before Taxation |
36,015.52 |
23,235.19 |
|
Adjustment for: |
|
|
|
Depreciation and amortisation expenses |
216.12 |
111.52 |
|
Depreciation and Amortisation expenses (ROU) |
593.86 |
412.59 |
|
Provision for impairment and write-off of financial instruments |
1,980.69 |
2,366.87 |
|
Interest income on deposits etc |
2,332.15 |
2,244.70 |
|
Interest expense on lease liability |
147.99 |
101.7 |
|
(Gain) / loss on de-recognition of financial asset |
8,132.88 |
7,064.49 |
|
Employee stock option |
1,576.88 |
1,593.10 |
|
Provision for employee benefit expense (OCI) |
2.44 |
4.48 |
|
(Gain)/Loss on sale of fixed asset |
0.16 |
0.15 |
|
Share issue expenses adjusted |
1.21 |
- |
|
Operating profit before working capital changes |
30,062.23 |
18,507.45 |
|
Adjustment for: |
|
|
|
Decrease / (Increase) in non-financial assets |
3,976.22 |
1,939.77 |
|
Decrease / (Increase) in financial assets |
2,429.00 |
26.11 |
|
Decrease / (Increase) in financial liabilities |
18,307.31 |
10,436.85 |
|
Decrease / (Increase) in non-financial liabilities |
2,912.34 |
2,651.33 |
|
Cash generated from operations |
44,876.66 |
29,629.74 |
|
Direct taxes paid (net) |
6,244.91 |
3,740.22 |
|
Cash generated from operations |
38,631.75 |
25,889.52 |
|
Loans disbursed |
3,64,739.10 |
1,18,489.31 |
|
Loans repayment received (incl. foreclosed, direct assignment, etc.) |
1,54,669.59 |
36,315.99 |
|
Net cash used in operating activities |
1,71,437.76 |
56,283.80 |
|
Cash flow from investing activities |
|
|
|
Investments in mutual fund units |
2,38,209.20 |
1,53,708.58 |
|
Redemption of mutual fund units |
2,36,747.57 |
1,54,076.60 |
|
Investment in other deposits |
21,962.28 |
30,300.00 |
|
Redemption of other deposits |
7,807.65 |
19,800.00 |
|
Interest received on bank deposits |
2,332.15 |
2,244.70 |
|
Acquisition/Purchase/Sale of property, plant & equipment and intangible assets (net) |
693.1 |
185.16 |
|
Investment in Bank deposits |
3,56,766.77 |
2,50,796.55 |
|
Proceeds from redemption of Bank deposit |
3,62,180.11 |
2,56,732.85 |
|
Net cash used in investment activities |
8,563.87 |
18,863.87 |
|
Cash flow from financing activities |
|
|
|
Proceeds from issue of equity share (net) |
212.17 |
91939.61 |
|
Payment of lease liabilities |
698.21 |
-483.4 |
|
Proceeds from long-term borrowings |
2,53,520.42 |
133496.48 |
|
Repayment of long-term borrowings |
61,459.50 |
-140693.23 |
|
Net cash generated from financing activities |
1,91,574.88 |
84259.46 |
|
Net (decrease) / increase in cash and cash equivalents |
11,573.26 |
46839.52 |
|
Cash and cash equivalents at the beginning of the year |
53,290.40 |
6450.87 |
|
Cash and cash equivalents at the end of the year |
64,863.66 |
53290.39 |
|
Components of Cash & Cash equivalents |
|
|
|
Cash on hand |
20.52 |
19.65 |
|
Balance with banks: |
|
|
|
In current accounts |
10,566.55 |
10528.79 |
|
In cash credit accounts |
8.10 |
68.59 |
|
In deposit accounts with original maturity less than 3 months or less |
54,268.49 |
42673.36 |
|
Cash and cash equivalents at the end of the year |
64,863.66 |
53290.39 |
Cash Flow from Operating Activities:
Profit before Taxation: The company 's operating profit before tax increased from INR 23,235.19 in 2022 to INR 36,015.52 in 2023.
Adjustments: Various adjustments, including depreciation, amortization, and provisions, were made, totaling INR 2,808.29 in 2023 and INR 1,919.08 in 2022.
Operating Profit: After adjustments, the operating profit before working capital changes stood at INR 30,062.23 in 2023 and INR 18,507.45 in 2022.
Working Capital Changes: Changes in non-financial and financial assets and liabilities contributed to a cash generation of INR 44,876.66 in 2023 and INR 29,629.74 in 2022.
Taxes and Net Cash: After deducting net taxes, the net cash generated from operating activities was INR 38,631.75 in 2023 and INR 25,889.52 in 2022.
Cash Flow from Investing Activities:
Investments: The company invested INR 2,38,209.20 in mutual fund units and INR 21,962.28 in other deposits in 2023, while redeeming units and deposits, resulting in a net cash outflow of INR 8,563.87. In 2022, similar activities led to a net outflow of INR 18,863.87.
Property and Equipment: Acquisition and sale of property, plant, equipment, and intangible assets resulted in a net cash outflow of INR 693.10 in 2023 and INR 185.16 in 2022.
Cash Flow from Financing Activities:
Equity and Borrowings: The company received INR 212.17 from issuing equity shares in 2023, compared to INR 91,939.61 in 2022. Long-term borrowings in 2023 amounted to INR 2,53,520.42, and repayments were INR 61,459.50, resulting in a net cash inflow of INR 1,91,574.88 in 2023 and INR 84,259.46 in 2022.
Lease Payments: Payments of lease liabilities amounted to INR 698.21 in 2023.
Net (Decrease) / Increase in Cash and Cash Equivalents:
Overall Movement: The net cash movement in 2023 was an increase of INR 11,573.26, compared to an increase of INR 46,839.52 in 2022.
Cash at the Beginning and End: The cash and cash equivalents at the beginning of 2023 were INR 53,290.40, increasing to INR 64,863.66 at the end of the year. In 2022, it started at INR 6,450.87 and ended at INR 53,290.39.
Components of Cash & Cash Equivalents:
Cash Components: Cash on hand amounted to INR 20.52 in 2023 and INR 19.65 in 2022.
Balances with Banks: Current accounts held INR 10,566.55 in 2023 and INR 10,528.79 in 2022. Deposit accounts with a maturity of less than 3 months held INR 54,268.49 in 2023 and INR 42,673.36 in 2022.
Total Cash and Equivalents: The total cash and cash equivalents at the end of 2023 were INR 64,863.66, compared to INR 53,290.39 at the end of 2022.
